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Pumsu Lim

stagesite-2.test@chime.me +1(347) 903-3025

$ 450,000

Est. payment | -/mo

5 Beds

3 Baths

2,300 SqFt

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$ 450,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

2,300 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $195

Lot Size 1,923 Sqft

MLS Listing ID PAPH2649054

Financing Cash,Bank Portfolio,Contract,Private,VA

Style Traditional

Subdivision North Central

Bedrooms 5

Full Baths 3

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

Property Description

Welcome to 1923 N. 20th Street, a beautifully renovated, income-producing property just blocks from Broad Street and Temple University! This turnkey investment is currently generating $3,200 per month from two fully rented 2-bedroom, 2-bathroom apartments, with an additional vacant studio offering the potential to rent for $800–$1,000 per month, bringing the projected gross rental income to approximately $4,000 per month. Offering approximately 2,300 square feet, the property has been completely renovated with modern finishes and features separate utilities, including 3 water heaters, 2 gas meters, and separate electrical service for each unit, with the studio being all-electric. The property also offers two central air HVAC systems serving the main apartments. Currently zoned RSA-5 Residential, the owner is actively pursuing official multifamily zoning approval with the City of Philadelphia. Whether you're looking for a turnkey investment or an owner-occupant opportunity with strong rental income, this exceptional property offers outstanding cash flow potential, low-maintenance living, and a prime location near Temple University, public transportation, shopping, dining, and major roadways. Plans and permits are available upon request.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RSA5

Area 19121 (19121)

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Interior Features Carpet, Combination Kitchen/Dining

Hot Water Natural Gas

Cooling Central A/C, Ductless/Mini-Split

Flooring Laminated

Equipment Dishwasher, Dryer - Electric

Fireplace N

Appliance Dishwasher, Dryer - Electric

Heat Source Central

1-purchase type For Sale

Exterior

Utilities Available Natural Gas Available, Electric Available

Waterfront N

Water Access N

Accessibility 2+ Access Exits

Parking Type Off Street

Building

Lot Description Open

New Construction N

Story 3

Foundation Concrete Perimeter

Lot Dimensions 18.00 x 107.00

Sewer Public Sewer

Water Public

Architectural Style Traditional

Story 3

Additional Building Above Grade, Below Grade

Schools

School District Philadelphia City

Others

Senior Community No

Tax Year 2025

Tax ID 321285101

Ownership Fee Simple

SqFt Source 2300

Acceptable Financing Cash, Bank Portfolio, Contract, Private, VA

Special Sale Standard

testyfx76

Listed by Diana Rivera • Keller Williams Real Estate - Newtown

1923 N 20TH ST Philadelphia, PA 19121